Did an appraisal on 06-22-2005, and just got a fax requesting that I change the name of the lender.

Dear Ron,

As xxxxx Lending we do business in California and Florida. All other states are done through yyyyy Lending. It was my mistake by ordering the appraisal through xxxxx Lending. Since the property is located in Colorado we need to have the appraisal typed to the name yyyyy Lending.

Thanks you very much Ron for your help

Sincerely

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Would you change the name to yyyyy Lending and CYA in the addendum. There always seems to be a twist.

If he had called me back the next day, I'd probably just change it. But since it took over a month to figure out his "innocent mistake" I'd probably give him the old "it's a new assignment" lecture and charge some kind of a fee.

I agree with Greg. I did one for a client and sent it off yesterday. Got a STIP list today with the change the client name and some other minor stuff - a few my fault for not doing a verification that the distances transfered, etc. Done deal, but that was next day.

I see so much of this that I wonder if it's a new scam that lenders and loan brokers have come up with to get appraisers to readdress an appraisal. Personally, I wouldn't change the client's name at this point.

Every order I have ever received from a lender has always had the company name and the the loan officer or processor as contact. I would seem to me that your client is the company and not the loan officer. Whose money is being loaned not the loan officer but the company they represent and work for.

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